EXIS CONSULTING, provider of GENESIS Software, Reaffirms Full Compliance with EMTA Recommended Calculations for Argentina Capitalizing Bonds

NEW YORK - March 29, 2005 – EXIS Consulting, a leading provider of global debt market software solutions and services to financial institutions worldwide, today announced that its software packages are already in full compliance with EMTA Market Practice no. 113 dated March 18, 2005. Market Practice no. 113 details recommended market practices for trading and settlement of Argentina Par and Discount Bonds.

"Our trade capture, portfolio management and trade settlement software strictly adhere to industry standard market practices for irregular capitalizing and amortizing bonds.", said Joseph Colaprico, Director of Global Services at EXIS Consulting. "It is widely known that Emerging Market Debt trading and processing can push the limits of traditional, plain vanilla fixed income systems. Our software, GENESIS, was built specifically to process Emerging Market Bonds and to provide uniform and accurate calculations across front office, risk, operations and accounting."

EMTA Market Practice no. 113 states that prices on Argentine capitalizing bonds are agreed on the basis of an original principal amount. The actual bond amount traded will be the adjusted principal amount including capitalizations. Payments for accrued cash and capitalized interest on the settlement date are calculated separately on the adjusted principal amount and capitalized interest is carried forward into the next interest period.

"We continue to offer Emerging Market trading desks and hedge funds the most compelling software in the market for managing their businesses," said Kuppu
Sitaraman, CEO at EXIS Consulting. "Our software represents an aggregation
of over 20 years of best market practices and domain expertise that is unparalleled in the global fixed income processing space."

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